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Deferred Charges and Other Assets, net:
3 Months Ended
Mar. 31, 2015
Deferred Costs, Capitalized, Prepaid, and Other Assets Disclosure [Abstract]  
Deferred Charges and Other Assets, net:
Deferred Charges and Other Assets, net:
Deferred charges and other assets, net, consist of the following:
 
March 31,
2015
 
December 31,
2014
Leasing
$
238,647

 
$
239,955

Financing
50,054

 
47,171

Intangible assets:
 
 
 
In-place lease values
287,215

 
298,825

Leasing commissions and legal costs
72,619

 
72,432

Above-market leases
260,930

 
250,810

Deferred tax assets
36,560

 
35,625

Deferred compensation plan assets
35,946

 
35,194

Other assets
54,605

 
66,246

 
1,036,576

 
1,046,258

Less accumulated amortization(1)
(283,874
)
 
(287,197
)
 
$
752,702

 
$
759,061

 
 
 
(1)
Accumulated amortization includes $100,224 and $103,361 relating to in-place lease values, leasing commissions and legal costs at March 31, 2015 and December 31, 2014, respectively. Amortization expense of in-place lease values, leasing commissions and legal costs was $21,678 and $12,739 for the three months ended March 31, 2015 and 2014, respectively.
The allocated values of above-market leases and below-market leases consist of the following:
 
March 31,
2015
 
December 31,
2014
Above-Market Leases
 
 
 
Original allocated value
$
260,930

 
$
250,810

Less accumulated amortization
(65,107
)
 
(59,696
)
 
$
195,823

 
$
191,114

Below-Market Leases(1)
 
 
 
Original allocated value
$
372,253

 
$
375,033

Less accumulated amortization
(96,176
)
 
(93,511
)
 
$
276,077

 
$
281,522

 
 
 
(1)
Below-market leases are included in other accrued liabilities.